Gambia Revenue Authority Adopts WCO Trade Facilitation Tool

Gambia Revenue Authority Adopts WCO Trade Facilitation Tool

The Gambia Revenue Authority (GRA) is collaborating with the World Customs Organization (WCO) to enhance trade facilitation capabilities through the WCO's Performance Measurement Mechanism (PMM). This initiative aims to assess customs performance, optimize operations, and promote economic development. The GRA is focusing on measures such as the Authorized Economic Operator (AEO) program and Coordinated Border Management (CBM) to align with the WTO's Trade Facilitation Agreement and provide a model for other developing countries. The PMM will help identify areas for improvement and track progress towards achieving trade facilitation goals.

12/30/2025 Customs Knowledge
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Guide to HS Codes for Global Coffee and Tea Trade

Guide to HS Codes for Global Coffee and Tea Trade

This article provides a detailed analysis of the HS codes for coffee and tea, highlighting their significance in international trade. By describing various product classifications and related export rebate rates, it offers businesses a clear trade guide to optimize supply chains and comply with customs policies.

08/05/2025 HS Code Query
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Global Trade Guide Shipping Compliance and Risk Management

Global Trade Guide Shipping Compliance and Risk Management

This article, from a data analyst's perspective, deeply analyzes the critical aspects of international trade LCL consolidation, covering ocean freight export compliance, Incoterms selection, international logistics optimization, special cargo transportation, and risk management. It aims to provide foreign trade practitioners with a practical and comprehensive operational guide, helping companies develop steadily in the complex international trade environment. This guide offers insights for navigating regulations, optimizing supply chains, and mitigating potential challenges in LCL shipping.

08/22/2025 Logistics Encyclopedia
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Foreign Trade Firms Boost Logistics Efficiency Using Data

Foreign Trade Firms Boost Logistics Efficiency Using Data

This article explores how foreign trade practitioners can efficiently utilize fragmented information to improve logistics efficiency. By proactively seeking information, actively sharing information, focusing on information practicality, and optimizing information presentation, they can better cope with various challenges and provide strong support for the development of foreign trade business. The paper emphasizes practical strategies for leveraging readily available information to streamline processes and enhance overall performance in the dynamic foreign trade environment.

08/22/2025 Logistics Encyclopedia
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WCO Introduces App to Simplify Global Trade Compliance

WCO Introduces App to Simplify Global Trade Compliance

The World Customs Organization (WCO) has launched the 'HS Browse & Check' App, providing customs professionals and international trade enthusiasts with convenient HS code lookup and regulatory interpretation services. This free app offers the complete HS2022 content, including legal notes, explanatory notes, and classification opinions, helping users efficiently conduct trade operations and make informed decisions. It aims to streamline international trade processes by providing readily accessible information on HS codes and related regulations.

11/03/2025 HS Code Query
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Jordan Faces Trade Hurdles Gains Under WTO Pact

Jordan Faces Trade Hurdles Gains Under WTO Pact

Jordan, under the WTO Trade Facilitation Agreement, is leveraging the WCO Mercator Programme to advance customs pre-arrival rulings, border management, and other trade facilitation measures. Full implementation of the TFA is crucial for the Jordanian economy. The Mercator Programme supports Jordan in modernizing its customs procedures and aligning them with international standards, ultimately aiming to reduce trade costs and improve efficiency. This will enhance Jordan's competitiveness and contribute to sustainable economic growth.

01/05/2026 Customs Knowledge
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Zhejiang Chouzhou Bank Launches NRA Accounts to Streamline Global Trade

Zhejiang Chouzhou Bank Launches NRA Accounts to Streamline Global Trade

The Zheshang Bank NRA account is an ideal choice for foreign trade enterprises, effectively solving cross-border payment collection and foreign exchange settlement issues, and helping enterprises expand into the global market. This account features multiple advantages, including fund freedom, fee reduction, diverse channels, rich currencies, and flexible interest rates. It is suitable for enterprises with overseas trade needs, overseas registered companies, and financial institutions. Choose Zheshang Bank's NRA account for smooth global trade.

12/30/2025 International Settlement
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Cuba Adopts WCO Data Model to Modernize Customs

Cuba Adopts WCO Data Model to Modernize Customs

The World Customs Organization (WCO) supports Cuban Customs in implementing the WCO Data Model through technical assistance. This initiative aims to streamline trade processes, enhance efficiency, and promote data interoperability with other government agencies. The WCO Data Model, serving as a common language for global trade, facilitates the modernization of Cuban Customs by standardizing data elements and information structures. This integration into the global trade system will ultimately improve Cuba's international competitiveness.

01/07/2026 Customs Knowledge
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Firms Use Trade Terms to Mitigate Tariff Risks Gain Edge

Firms Use Trade Terms to Mitigate Tariff Risks Gain Edge

This article explores how to effectively utilize international trade terms (Incoterms® 2020) to manage tariff risks in international trade. It analyzes the allocation of responsibilities under various terms and provides practical recommendations to cope with tariff fluctuations, thereby enhancing the competitiveness of businesses in the global market.

08/05/2025 Customs Knowledge
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